Greg W.
5 year lookback period - Non Qualified Use Question
6 March 2024 | 2 replies
With a ton of equity, and by all means, we are wanting to take advantage of the 500k tax exclusion if possible.There is also a probability that we will move back into this home in the future, let's say in a few years or so.
Zachary Bellinghausen
401k Swap to Self-Directed 401k
6 March 2024 | 7 replies
Rollover from your old employer 401k into self-directed Solo 401k is not a taxable event and wont' affect your taxes.
Sebastian Giraldo
Investors: Thoughts on this Miami, FL 4-unit deal!? My goal is to BRRR in year 1-2.
6 March 2024 | 4 replies
Sales price: $900,000Seller finance: $400,000 / 2 year ballon / 7% interest rate / interest only monthly payment: $2,333 / no pre-payment feeEstimated monthly income: $9,300 / Annual: $111,600Electric separated - water $450 per monthProperty taxes: $16,700 (with property value assessed)Property Insurance: $6,300Renovation Repairs $150,000I anticipate the Re-fi appraisal to come in at a conservative $1,150,000.
Taylor Marks
Total newb - but motivated!
7 March 2024 | 23 replies
Nevada is landlord friendly, low property taxes, and close to CA.
Gordon Middleton
Partnerships and Real Property Contributions
6 March 2024 | 0 replies
What about Transfer Tax?
Tyson Scheutze
What to Expect When Inspecting
5 March 2024 | 2 replies
As we attempted to standardize renovations, we also worked to improve our inspections, repairs, and maintenance processes prior to occupancy.
Jaclyn Rey
Should I use savings to flip basement or buy a second property?
6 March 2024 | 12 replies
I would go flip a house, take the profits from that flip, do your basement and still have the same money that you had in your pocket prior to the flip.
Dan Fritschen
1031x options for liquidity
6 March 2024 | 8 replies
When she passes the asset that was purchased as part of the 1031 would then be liquidated and distributed to heirs with no taxes The goal is to get her the cash she needs from her asset without paying any/minimal capital gains.
Joshua Miller
Why I See Opportunity in STL
5 March 2024 | 3 replies
Out of these seven companies, six of them have positive profit changes following the year prior - this signifies growth.